South Florida Construction Tech Startup Raises $15M to Revolutionize Building Inspections
A Fort Lauderdale-based startup is shaking up the construction industry with a high-tech approach to inspections and site monitoring. The company, called ConstructIQ, just closed a $15 million Series A funding round led by a major VC firm with a growing interest in construction automation and AI-based solutions. This new injection of capital is expected to expand the company’s operations across Florida and into neighboring states.
ConstructIQ has developed a platform that combines drone footage, AI-driven analysis, and real-time reporting to help general contractors identify problems before they escalate. This includes everything from code compliance violations to safety hazards and delayed progress. Their system has already gained traction with some of South Florida’s largest residential and commercial builders who are under increasing pressure to deliver projects on time and within budget.
The company was founded in 2021 by two former engineers who saw how traditional construction inspections were slowing down projects and costing developers millions. Since then, the team has grown rapidly, with over 40 employees now working out of a sleek Fort Lauderdale office space. With this new funding, they plan to double their team by the end of the year, invest in R&D, and open a second office in Tampa.
South Florida’s booming construction market made it the ideal testing ground for the startup’s technology. With thousands of residential units and major infrastructure projects underway across the region, the demand for smarter, faster inspection tools has only grown. ConstructIQ believes its platform can reduce site delays by up to 30%, giving developers and project managers a major incentive to switch from old-school clipboards to digital dashboards.
The founders say the company’s mission is to modernize construction oversight and create safer, more efficient job sites. With interest pouring in from other states like Georgia, Texas, and the Carolinas, they’re eyeing a national rollout in the next 18 months. For now, they’re focused on scaling up across Florida and hiring aggressively to meet the demand.
This latest round of funding confirms investor confidence in Florida’s startup ecosystem and the growing role of AI in traditional industries. As ConstructIQ pushes forward, it stands as a prime example of how innovation is being built — literally — from the ground up in the Sunshine State.